RULES AND REGULATIONS FOR MEMORIAL PARKS ... - HLURB
RULES AND REGULATIONS FOR MEMORIAL PARKS ... - HLURB
RULES AND REGULATIONS FOR MEMORIAL PARKS ... - HLURB
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unfinished portion of the approved plan, cancel the license to<br />
lease/sell if any or issue such orders it may deem proper.<br />
SECTION 16. Transfer of Ownership or Change of Name.<br />
Request for transfer of ownership and/or change of name may be<br />
granted only if there is a deed of absolute sale over the memorial<br />
park/cemetery project sought or be transferred and/or the name<br />
thereof change with an undertaking on the part of the transferee to<br />
assume full responsibility for the completion of the development<br />
thereof. The requirement in Section 4 and 6 hereof shall be<br />
observed whenever applicable.<br />
Such request for transfer of ownership or change of name shall<br />
be published at applicant's expense in a newspaper of general<br />
circulation within the city or municipality where the project is located<br />
at least once a week for 2 consecutive weeks.<br />
SECTION 17. Alteration of Plan. Request for alteration of<br />
project plan may be granted only upon presentation of written<br />
conformity or contract of the majority of the plot lessees/buyers in the<br />
memorial park/cemetery.<br />
SECTION 18. Non-forfeiture of Payments. No installment<br />
payment made by a lessee/buyer in a new memorial park/cemetery<br />
project for the plot he contracted to lease/buy shall be forfeited in<br />
favor of the owner or developer and clearance from the Board,<br />
desists from further payment due to failure of the owner or developer<br />
to develop the project according to the approved plans and within the<br />
time limit for complying with the same. Such lessee/buyer, may at<br />
his option, be reimbursed to total amount paid including amortization<br />
interest but excluding delinquency interest, with interest thereon at<br />
the legal rate.<br />
SECTION 19. Registration of Conveyance. Leases/sales of<br />
conveyance of the plots shall be registered within 180 days from<br />
execution thereof by the lessor/owner with the Board. Except as<br />
may otherwise be provided for by the law the Board may in<br />
appropriate case cause to cancel registration, entries or annotation<br />
on certificate made on this regard.
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